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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
CURRENT ASSETS    
Cash and cash equivalents $ 66 $ 37
Trade accounts receivable and other receivables, net 2,454 3,029
Inventory 640 713
Other current assets 373 221
Total current assets 3,533 4,000
PROPERTY AND EQUIPMENT 17,866 16,862
Accumulated depreciation (3,079) (2,773)
Property and equipment, net 14,787 14,089
OTHER ASSETS    
Goodwill 2,521 2,566
Investments in unconsolidated entities 2,702 2,756
Linefill and base gas 916 872
Long-term inventory 136 164
Other long-term assets, net 916 904
Total assets 25,511 25,351
CURRENT LIABILITIES    
Trade accounts payable 2,704 3,323
Short-term debt 66 737
Other current liabilities 686 471
Total current liabilities 3,456 4,531
LONG-TERM LIABILITIES    
Senior notes, net 8,941 8,933
Other long-term debt, net 202 250
Other long-term liabilities and deferred credits 910 679
Total long-term liabilities 10,053 9,862
COMMITMENTS AND CONTINGENCIES (NOTE 18)
PARTNERS’ CAPITAL    
Total partners’ capital 12,002 10,958
Total liabilities and partners’ capital 25,511 25,351
Series A Preferred Units    
PARTNERS’ CAPITAL    
Unitholders 1,505 1,505
Series B Preferred Units    
PARTNERS’ CAPITAL    
Unitholders 787 788
Common Units    
PARTNERS’ CAPITAL    
Unitholders $ 9,710 $ 8,665